Goldman Sachs: “More Subdued” Beer Volumes On the Way

Dear Client:Goldman Sachs updated their beer volume forecasts yesterday. Unfortunately, they don't think the industry is going to snap out of this soft streak anytime soon.Earlier this year, Goldman Sachs analysts predicted beer volumes would finish the year off, down 0.3%. Now, they think they'll be a bit worse, down 0.7%, when 2017 is all said and done.For some perspective, the industry wrapped up the first half of this year down 0.6%, per Nielsen. So expect more of the same